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The Assurance of Sustainability Reporting: An Extra Fee or a Guarantee

  • Noha Abd El-RahmanEmail author
Conference paper
  • 12 Downloads
Part of the Advances in Science, Technology & Innovation book series (ASTI)

Abstract

Despite the significant importance of sustainability reporting as an objective measurement of sustainable performance, nowadays there is a consensus on the poor quality of sustainability reporting among academics and practitioners. This research aims at evaluating the impact of the assurance of the sustainability report on its quality level and that could be the reason behind a poor-quality level. Based on the relevant literature, the research applied Ordinal, Logistic Regression analysis to test the impact of the external assurance of the report on the quality of sustainability reporting. This relationship has been tested on a sample of 500 sustainability reports that represent the Global Fortune 100 (G100) companies for a period of 2011–2015. The empirical study concluded that there is an extremely significant, positive relationship between the assurances of the sustainability report on the quality of sustainability reporting.

Keywords

Corporate governance (CG) Quality of sustainability reporting (QSR) Assurance of report (ASR) Global reporting initiative (GRI) 

JEL Classification

M410 O16 M14 M42 

Notes

Acknowledgements

As this paper is extracted from my Ph.D. thesis, I would like to express my sincere gratitude to my supervisors, Prof. Kenneth D’Silva (LSBU) and Dr. Mohamed H. Rashwan (BUE). Prof. Kenneth D’Silva, thank you for your continuous support, guidance and valuable comments that greatly contributed in improving this manuscript, as well as, enriching my scientific knowledge. Dr. Mohamed H. Rashwan, thank you for all the support that you have been providing me since the early stage of my career, and without which I would not have reached this point. I would like to thank you for being my great career coach.

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.London Doctoral Academy & Division of Accounting, Finance & Economics, School of BusinessLondon South Bank University (LSBU)LondonEngland
  2. 2.Faculty of Business Administration, Economics and Political ScienceThe British University in Egypt (BUE)CairoEgypt

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